Attributes: Semi-Absentee Run, Relocatable, For Sale By Owner
Cooperation With Brokers? Yes
Description About This Posting: Specialized Pharmaceutical Wholesaler Exporter
The company is a US based licensed wholesaler / distributor and exporter of prescription pharmaceutical products. The company highly specializes in supplying much needed Branded prescription products to other product development companies, Clinical Research Organizations and other manufacturers for research purposes. Company's major customers are top pharmaceutical manufacturers in India & China. Company also has domestic State licenses in more 10 States and additional states can easily be acquired. Company has great relations with more than 11 vendors who help supply products as needed. Company also has ways and processes to obtain some specialty products directly from brand manufacturers such as Pfizer, Sanofi, Novartis and such. Company also has an office overseas with 5-7 account reps.
Company has experienced tremendous growth in last 4 years as below;
Company is operating at 11% - 13% Gross margin and an adjusted EBITDA of $4.1MM in trailing twelve months (after adding back two partner's salaries and withdrawals equaling close to $1MM combined)
Company, on an average maintains $5MM - $7MM in inventory, $1.5MM - $3.5MM in AR and $1MM - $1.8MM in AP and $1MM - $1.2MM Cash in bank.
Company has yet to capitalize and expand into domestic North America market. Catering to local sales to CROs and other product development company can easily add another $20MM - $30MM with healthy margins. Company is in planning to hire a local Business Development person to oversee this market.
Company's owners have significant equity tied up in business and looking for a exit. One owner wishes to stay if incentivized for few more years. Other owner wishes to transition off much sooner due to other interests.
Expected asking $16MM - $19MM which includes $5MM - $7MM in inventory, $1.5MM - $3.5MM in AR, $1MM - $1.8MM in AP and $1MM - $1.2MM Cash in bank.
Owners will need to see proof of funds before engaging in conversation with any potential parties.
To get more information about this Specialized Pharmaceutical Wholesaler Exporter business for sale in
Midwest please phone Owner at 909-264-9489 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #254695 on BizBen.com. In addition to phoning
Owner, make sure you email Owner above to get more info about this
Specialized Pharmaceutical Wholesaler Exporter, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting